Dear All, As per the RBI notification i.e. 'RBI/ 2011-12/288' circulated on Dt. 02.12.2011, all cheques, drafts, pay orders, and banker's cheques presented will be valid for 3 months with effect from April 1, 2012. Please find attached the notification for your reference.
From India, Gurgaon
Join Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.
Other Discussions That May Be Relevant
Rbi circular regarding of validity of cheques - pdf download Dear friends this is to inform you all that the banks will not make payment of cheques drafts pay orders or banker s cheques if they are presented beyond the... 3 Replies1 Files3 Participants
Only chip, pin based debit/credit cards from september 2015 The reserve bank of india has advised banks that with effect from september 1 2015 all new cards debit and credit domestic and international issued by them should... 2 Replies1 Files3 Participants
Need validation from experts - clause on resignation Dear all: i solicit your input/validation on the clause regarding resignation vs. notice period. the present terms of appointment state: "your services are liable to be terminated by either party... 4 Replies0 Files4 Participants